Mails Letter to Newell Shareholders
Seeking the Right Change to Benefit All Newell Shareholders
Urges Shareholders to vote the BLUE Proxy Card to Elect All Four of Starboard's Highly-Qualified Nominees
- Pauline J. Brown, Gerardo I. Lopez, Bridget Ryan Berman and Robert A. Steele
PR Newswire
NEW YORK, April 11, 2018
NEW YORK, April 11, 2018 /PRNewswire/ -- Starboard Value
LP (together with its affiliates, "Starboard"), a significant shareholder of Newell Brands Inc. ("Newell" or the "Company")
(NYSE: NWL) with beneficial ownership of approximately 3.8% of the Company's outstanding shares, announced today that it has
filed definitive proxy materials, including a BLUE proxy card, for the election of four highly-qualified director nominees at the
Company's 2018 Annual Meeting scheduled to be held on May 15, 2018 and mailed a letter to
shareholders.
Starboard is urging shareholders to support real change at Newell by voting the BLUE proxy to elect its diverse slate of four
experienced nominees, Pauline J. Brown, Gerardo I. Lopez,
Bridget Ryan Berman and Robert A. Steele, at the 2018 Annual
Meeting.
The full text of the letter Starboard is mailing to Newell shareholders can be viewed at the following link:
http://www.transformingnewell.com/content/uploads/2018/04/Starboard_Value_LP_Letter_to_NWL_Shareholders_04.11.2018.pdf
The time for real change is now – Starboard urges all shareholders to vote the BLUE proxy card today!
About Starboard Value LP
Starboard Value LP is a New York-based investment adviser with a focused and
differentiated fundamental approach to investing primarily in publicly traded U.S. companies. Starboard invests in deeply
undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities
to unlock value for the benefit of all shareholders.
Investor contacts:
Peter Feld, (212) 201-4878
Gavin Molinelli, (212) 201-4828
www.starboardvalue.com
Okapi Partners
Bruce H. Goldfarb/Patrick McHugh
(212) 297-0720
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SOURCE Starboard Value LP
